Articles & resources
Critical voices on the World Bank and the IMF
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New Independent Evaluation Office findings expose political pressures and over-optimism in IMF’s Exceptional Access Policy
Evaluation finds Exceptional Access Policy has been applied inconsistently, influenced by political pressures, and used as a substitute for debt restructuring while failing to attract private capital.
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IMF’s Independent Evaluation Office appoints new director and releases 2023 work plan
Changes in leadership have been announced at the WB Independent Evaluation Group and IMF Independent Evaluation Office. Furthermore, the IMF IEO published its 2023 Work plan introducing two new governance evaluations of the IMF’s mandate and its Exceptional Access Policy.
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Independent Evaluation Office downplays IMF’s promotion of austerity whilst civil society warns of further cuts
Concerns over excessive austerity waved away, despite IEO admission that protection of low-income and vulnerable groups had fallen short.
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IEG findings cast doubt on Bank’s ability to deliver on general capital increase
New IEG report raises questions about the Bank’s ability to use findings from evaluations to inform its operations.
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Engaging citizens for better development results
Notes from IEG-sponsored citizen’s engagement civil society policy forum session – 19 April
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World Bank results: “box-ticking” on gender, weak monitoring and evaluation
A new IEG report highlights persistent concerns with the World Bank’s monitoring and evaluation systems and ‘sluggish’ management response, and raises questions about the effectiveness of the Bank’s integration of gender within its operations.
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The IFC’s development outcome tracking system
Since 2005 the International Finance Corporation (IFC, the Bank’s private sector arm) has used the Development Outcome Tracking System (DOTS) to track the development impact of all its investments and advisory work
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IEO: IMF reform implementation “not working well”
The second external evaluation of the IMF’s Independent Evaluation Office (IEO), discussed by the IMF board end March, evaluated how well the IEO has met its institutional mandate since 2006.
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World Bank’s safeguards review extended
The first phase of the Bank’s safeguard review has been extended to mid-April with global consultations planned, including on seven emerging areas.
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The Role of the Independent Evaluation Group (IEG)
This session provided CSOs with the opportunity to have an exchange with IEG’s Director-General and Senior Vice President on the role of the IEG.
